News Centre

UK Financial Conduct Authority Resolves High Court Proceedings In Relation To Unauthorised Deposit Taking

Date 30/06/2022

Mr Mohammed Kabir has agreed to orders to resolve proceedings brought by the Financial Conduct Authority (FCA) relating to an unauthorised deposit taking scheme operated by Bright Managment Solution Limited [sic] (Bright Management) which has avoided a trial that was due to start in June 2022.

Japan Financial Services Agency: Publication Of Summary Of Report By The Working Group On Corporate Disclosure Of The Financial System Council

Date 30/06/2022

The Working Group on Corporate Disclosure has discussed enhancing disclosure of non-financial information and improving efficiency of disclosure in light of recent changes in economic and social circumstances. The summary below is based on the discussions.

Borsa İstanbul Hosts The Green Bonds And Sukuk Workshop In Cooperation With Capital Markets Board Of Türkiye, Borsa İstanbul And The European Bank For Reconstruction And Development (EBRD)

Date 30/06/2022

The Green Bonds and Sukuk Workshop held by Borsa İstanbul on Thursday, June 30, in cooperation with the Capital Markets Board of Türkiye, Borsa İstanbul, and the European Bank for Reconstruction and Development (EBRD). Opening remarks were held by Ali Erdurmuş, the Executive Vice Chairman of the Capital Markets Board of Türkiye, Barlas Akıncı, Director of Strategic Planning, Financial Reporting and Investor Relations, and Arvid Tuerkner, Managing Director of Türkiye for European Bank for Reconstruction and Development.

CryptoCompare Asset Management Review June 2022: Crypto Investment Products AUM Reaches Record Low

Date 30/06/2022

In June, the price of Bitcoin and Ethereum fell by 34.8% and 38.6% respectively (data up to 27th), a large decline that was driven by the uncertainties surrounding the possible insolvency of crypto lending companies, including the crypto native fund, Three Arrows Capital, which reportedly defaulted on a $670 million loan from digital asset brokerage Voyager Digital

Borsa İstanbul’s Opening Bell Rang For Kocaer Çelik

Date 30/06/2022

Kocaer Çelik starts trading on Borsa İstanbul on June 30, 2022. Shares offered to the public will be traded on BIST STARS with the ticker code “KCAER”.

BME’s EpM Reaches 45 Members Following The Addition Of Cansol, As A Company And Norgestion, As A Partner

Date 30/06/2022

• Cansol is a company concerned with the construction and maintenance of photovoltaic plants
• Norgestion is a firm that focuses on advising companies and is very active in helping them reach the financial markets.

EDHEC-Risk Institute Mourns The Loss Of Jean-René Giraud

Date 30/06/2022

EDHEC-Risk Institute is mourning the loss of Jean-René Giraud, one of the most decisive contributors to the historical success of the international risk and asset management research centre, who died suddenly on June 16.

Monetary Authority Of Singapore Reprimands Three Arrows Capital For Providing False Information And Exceeding Assets Under Management Threshold

Date 30/06/2022

The Monetary Authority of Singapore (MAS) today reprimanded Three Arrows Capital Pte. Ltd. (TAC) for providing false information to MAS and exceeding the assets under management (AUM) threshold allowed for a registered fund management company (RFMC).  

Societe Generale - FORGE Partners With METACO To Expand Its Institutional Digital Assets Capabilities

Date 30/06/2022

Societe Generale - FORGE (SG - FORGE), a fully integrated subsidiary of Societe Generale, providing issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains, has selected METACO, a market-leading provider of digital asset management technology and infrastructure, to orchestrate its digital asset custody operations. 

The Amman Stock Exchange Index Quarterly Review

Date 30/06/2022

Mr. Mazen Wathaifi the Chief Executive Officer of the Amman Stock Exchange (ASE) said that the ASE has conducted the periodic quarterly review of the ASE indices constituents in purpose of ensuring that these indices reflect the market performance and the trading activity of the listed companies. By this rebalancing, the activity of listed companies in regard to trading during the last quarter has been reviewed. After that, the ASE has conducted its screening process for all listed companies based on the criteria used by the ASE represented by full market capitalization of the companies and the number of trading days during last quarter.